Greetings! We hope you enjoy our August 2018 Newsletter!
Monroe County's Lead Economic Development Organization geared up with a growth strategy for the 21st Century ...
Matching Fund Program Available for Monroe County
To assist in the development of small businesses, the Monroe County BDC and ProMedica Monroe Regional Hospital, via ProMedica Innovations, have created a $500,000 fund that will assist new and existing companies as they launch innovative products and services.

This program was created to provide gap and seed funding assistance for companies. Tim Lake, BDC President and CEO stated, "by nurturing new companies and those in growth mode, this program will assist with both capital formation and job creation within the county."

The application process is open at all times and funding decisions will be issued at any given time that a new and viable project is accepted and agreed upon by the Matching Fund Committee.

On Thursday, July 26, the first recipient, Vital Tech Services, LLC , was awarded a check in the amount of $12,500. Funding will be used to launch another aspect of their asset management software.

Please visit MatchingFundBDC.com to find out more about this funding opportunity. And, spread the word ... these funds are available to help Monroe County manufacturers and businesses.
Community Strategic Economic Development Plan
Luna Pier has been referred to as Monroe County's only "natural lake front resort community." Luna Pier carries the distinction of being the first city visitors see when entering Michigan via the I-75 Interstate.

In 2017, Luna Pier completed the reconstruction of Luna Pier Road from Harold Drive to the Lighthouse. Recently, after soliciting, reviewing proposals and interviews, the City hired Poggemeyer Design Group, Inc., (PDG) a nationally recognized firm, to assist in a Community Strategic Economic Development Plan.  PDG and its subcontractors, LandUseUSA LLC and CIB Planning. They are now working with a City-appointed Steering Committee to develop a plan for a more stable and bright economic future. 

A four-phased approach will be used, including Discovery, Collaboration, Visioning and Plan Development. These phases will include understanding community attitudes and preferences, providing strong insights into market forces that present opportunities, identifying projects that will continue to move Luna Pier forward and helping to forge new and strengthened partnerships aimed at gathering support and funding for local initiatives. 

Public input is vital to the success of this Plan and input is being accepted via a survey as well as public meetings. The next meeting, the Public Vision Strategy Development Session, will be held August 22, 2018, at 6:30 pm at the Water Tower Park (11345 Harold Drive).

Please take a few minutes to give the City and its consultants your input on the City of Luna Pier by completing and submitting the survey via the button below and/or attending this week's public meeting. 

If you have any questions, please contact Mayor David Davison at 734-848-6495, ext. 201.
The Marshall Plan: Invest, Develop, Attract Talent
In last month's newsletter, we published some factoids on Michigan's Marshall Plan ( click here to view).

The state is funneling $100 million this fall into Michigan's public high schools to train students for high-demand jobs over the next five years. These funds will bolster career-oriented school programs to maintain a pipeline for students from graduation to jobs in professional trade, information technology or other top career fields.

The MEDC has developed workshops to learn more about this plan. The schedule of upcoming classes is listed below. There is a mix of K-12, colleges, and non-profits attending, but more manufacturers and businesses are needed. If you are concerned about talent, please consider participating in one of these workshops:
  •  August 29, 2018 in Grayling - 1-3:30 pm, Kirtland Community College - Grayling Campus, 4800 W Four Mile Road, Community Room, Grayling, MI 49738 Register here
  •  September 7, 2018 in Detroit - 1-3:30 PM, SEMCOG, 1001 Woodward Ave #1400, Detroit, MI 48226 Register here

If you have questions, contact Michelle Cordano at cordanom@michigan.gov
And, there is more ...
> The Monroe County BDC and the Monroe County Intermediate School District are looking for manufacturing businesses who would like to participate in the 3rd Monroe County MFG Day being held on Friday, October 5. Hurry ... plans are being finalized! Support improved perceptions of manufacturing careers while leveraging MFG Day’s track record with your future workforce, their parents, your elected officials and the press to increase exposure for your business.

For more information, please contact LuAnn via the email or phone listed below. We are very excited about this year's line up which includes all nine school districts and numerous manufacturers already registered. Without manufacturers like you opening your doors, this event would not be possible. We look forward to hearing from you!  Download flyer .
>> We all share a common goal to make our region a great place to live and work!

You are invited to the 5th Annual ProMedica Innovations Summit! Being held on Thursday, September 20, from 8:00 am to 3:00 pm at the Renaissance Toledo Downtown Hotel, the boldest industry trends that will impact the way you experience and provide healthcare in the future will be discussed. View the speakers lined up for this event, or learn more or register by clicking the above link.
  Please feel free to contact us anytime!
Tim Lake  x101 |  LuAnn Hogberg x102
734-241-8081